Supreme Court: Non-Signatory That is Not a Veritable Party Cannot Invoke an Arbitration Clause  ||  SC: Bail Can't be Cancelled For Police Non-Appearance Once Chargesheet is Filed and Trial is Attended  ||  SC: New Arbitration Bill Fails To Provide a Statutory Appeal Against Tribunal Termination Orders  ||  SC: Employees Who Resign or Retire After Five Years of Service Are Entitled to Receive Gratuity  ||  SC: Employees Who Resign or Retire After Five Years of Service Are Entitled to Receive Gratuity  ||  Supreme Court: Higher Courts Should Avoid Unnecessary Remand of Cases to Lower Courts  ||  J&K&L HC: Under SARFAESI Act, Borrower's Right To Redeem a Secured Asset Ends With Auction Notice  ||  Calcutta HC: Income Tax Returns Can Be Used to Assess Victim's Income; ?39 Lakh Compensation Granted  ||  Delhi HC: Woman's Right to a Shared Household Does Not Allow Indefinite Occupation of In-Laws' Home  ||  Delhi HC: Director Disputes in a Company Do Not Qualify as Genuine Hardship to Delay ITR Filing    

Supreme Court: Payment of Loan Amount to NBFC Along With Decided Rate of Interest Non-Refundable - (05 Mar 2024)

BANKING

Supreme Court has held that if a person has executed an agreement and repaid the loan amount obtained with the interest as per the terms of the agreement then he cannot claim refund of the same on the ground that a higher rate of interest is being charged by Non-Banking Financial Company (NBFC).

Tags : SUPREME COURT   PAYMENT OF LOAN   NBFC   RATE OF INTEREST  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved